NOT LISTED FOR SALE

225 12th Ave Newark, NJ 07107

Fairmount Neighborhood

Estimated Value: $343,344

-- Bed
-- Bath
-- Sq Ft
2,614 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $180,000

Est. 91% increase in value since last sale

Current estimated payment $2,286/month

134 Days on Market

About This Home

As of February 2020

This home is located at 225 12th Ave, Newark, NJ 07107 since 18 April 2019 and is currently priced at $343,344. 225 12th Ave is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Belmont Runyon School.

Last Agent to Sell the Property

LEIGHTON COLEY

ERA REED REALTY, INC Brokerage Phone: 908-769-0011 Listed on: 04/18/2019

Last Buyer's Agent

LEIGHTON COLEY

ERA REED REALTY, INC Brokerage Phone: 908-769-0011 Listed on: 04/18/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,592

Lot Details

  • 2,614 Sq Ft Lot

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,592

Lot Details

0

Listing Details

  • County Name: Essex
  • Street Number Display: 225
  • I D: 4889252
  • Modified: 2021-03-01
  • Number Images: 0
  • Attribution Contact: 908-769-0011
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 25X100
  • Total Acres: 0.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2023
Sold by
12Th Ave 225 Llc
Bought by
12Th Ave 225 Llc
Current Estimated Value
$343,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,000
Outstanding Balance
$358,481
Interest Rate
6.71%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 18, 2019
Closed on
Feb 28, 2020
Sold by
Motley Younger Inc
Bought by
12 Ave 255 Llc
Seller's Agent
LEIGHTON COLEY
ERA REED REALTY, INC
Buyer's Agent
LEIGHTON COLEY
ERA REED REALTY, INC
List Price
$244,800
Sold Price
$180,000
Premium/Discount to List
-$64,800
-26.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 3, 1980
Bought by
Motley Younger Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
12Th Ave 225 Llc $320,000 None Listed On Document
12 Ave 255 Llc $180,000 Dekel Abstract
Motley Younger Inc $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 12Th Ave 225 Llc $367,000
Previous Owner 12 Ave 255 Llc $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $180,000 -26.5% --
08/30/2019 08/30/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $244,800 -- --
Source: Garden State MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,592 $150,000 $30,000 $120,000
2024 $5,592 $150,000 $30,000 $120,000
2023 $5,604 $150,000 $30,000 $120,000
2022 $5,604 $150,000 $30,000 $120,000
2021 $5,601 $150,000 $30,000 $120,000
2020 $11,750 $309,200 $30,000 $279,200
2019 $11,629 $309,200 $30,000 $279,200
2018 $11,419 $309,200 $30,000 $279,200
2017 $11,008 $309,200 $30,000 $279,200
2016 $10,636 $309,200 $30,000 $279,200
2015 $10,231 $309,200 $30,000 $279,200
2014 $9,588 $309,200 $30,000 $279,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    LEIGHTON COLEY

    ERA REED REALTY, INC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3549284

Garden State MLS

APN: 14-01813-0000-00038

New Jersey Essex County Newark 07103 Fairmount

225 12th Ave, Newark, NJ

This home is located at 225 12th Ave, Newark, NJ 07107 since 18 April 2019 and is currently priced at $343,344. 225 12th Ave is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Louise A. Spencer School, and Belmont Runyon School.

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